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Change of ownership for CDA GmbH, Suhl, Germany

On 29 May 2019, after five years during which CDA was under the ownership of an American partner, a management buyout was effected. CDA Invest GmbH, whose sole partners are Frank Hartwig (CEO) and André Keller (CFO), has acquired 100% of the shares of CDA GmbH’s German group.


Managing partner Frank Hartwig explains: “After five years of excellent partnership with our American colleagues, the opportunity arose to once again establish CDA as an independent business. We look forwarding to continuing to lead the business to further successes.”


André Keller, also a managing partner, adds: “After the solid development of sales and earnings in recent years, in this new shareholder structure we will continue to focus on growth and, if the order situation permits, full employment.”

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